Andrew Hawkins, transportation reporter for The Verge, explores the latest developments in the Waymo vs. Uber trial. Cheddar spoke to him just minutes before a settlement was reached between the two companies.
He points out that the public battle between Uber and Waymo could have negative consequences for the ride-sharing industry. These companies consistently highlight how ride-sharing services help the public, yet the trial has unearthed allegations of theft and corporate greed that could tarnish the image of the whole industry.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
